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This property looks like a bad Mid-Term investment with a projected -3.77% first-year return on $120k initial cash invested.
-3.77%
Cash On Cash
5.43%
Cap Rate
0.91
DSCR
$3,702
Rent
-$379
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,702 income − $4,081 expenses = $379 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,600
Closing costs
1%
$4,880
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,702
Total Expenses
$4,081
Mortgage P&I
66%
$2,441
Property Taxes
5%
$171
Home Insurance
5%
$171
HOA
1%
$40
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407